re: Ann: Bullseye Prospect Sale of 8% Working...
"One positive is that new partner has money." Yes trader1x that is very true.
And it may also indicate that Daiwa was able to drive a very tough and advantageous bargain for itself. Daiwa had the money. GGP needed the money. Okay you want my money then you have to grovel and give a fair bit in the negotiations in this present environment.
So Daiwa probably drove a very hard bargain. GGP had to accept.
"Not sure about how other partners are coping with extra costs. "
Well they will have to assess their positions according to their own financial positions. I would think several of them are probably quite able to dig deeper into their pockets and pay up the extra. One or two may have to do some grovelling as well or find some way to invent some more funds. That is their concern and should not affect things at all.
GGP Price at posting:
7.0¢ Sentiment: Hold Disclosure: Not Held